The USDJPY pair begins today’s trading positively to breach 113.56 and settles above it, which supports the continuation of our bullish overview efficiently in the upcoming period, paving the way to head towards 114.55 that represents our next target.
Therefore, we will continue to suggest the bullish trend on the intraday and short term basis, conditioned by the price stability above 112.95 and 112.46 levels.
Expected trading range for today is between 113.00 support and 114.50 resistance
Expected trend for today: Bullish